Category Archives: Student loan
We Are About To See A Great, Big Debt-Fueled GDP Number For The 2nd Quarter, But There Is A Catch…
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but there are many out there that are expecting a number […]
Debt Cancer: More Than 80 Percent Of American Adults Owe Somebody Else Money
How long can our debt levels keep growing much, much faster than the overall economy? We haven’t had a year of 3 percent growth for the U.S. economy since the middle of the Bush administration, but we keep borrowing money as if there is no tomorrow. Much of the focus has been on the exploding […]
Millennials Have Never Been More In Debt, And It Is Creating A Major Risk For The Economy
There is a seemingly unlimited number of disconnects in financial markets these days, not the least of which is the shocking divergence in recent years between the ever plunging unemployment rate in the United States and stubbornly rising delinquencies on consumer debt. In fact, according to a note published earlier today by UBS strategist Matthew […]
A Shocking Thing Happened To College Tuitions In 2016…
The staggering inflation rates of college tuition over the past couple of decades has been a frequent topic for us. As the Wall Street Journal notes today, the cost of educating our snowflakes has soared since the early 90’s and outstripped overall inflation by nearly 4x. It seems that the liberal indoctrination of an entire […]
3 Examples That Show How Common Core Is Destroying Math Education In America
Whenever you let federal bureaucrats get their hands on anything they are probably going to ruin it. During the Obama administration, the Department of Education spearheaded a transformation of American education that was absolutely breathtaking. Over a period of about five years, Common Core standards were implemented in almost every state in the entire nation. […]
11 Rage-Inducing Facts About America’s Wildly Out Of Control Student Loan Debt Bubble
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Higher education has become one of the biggest money-making scams in America. We tell all of our young people that if they want to have a bright future, they must go to college. This message […]